Coya Beaston

(615) 969-3457
Dan Frey Home Loans
Call Coya

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$179,525$189,000
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.710%7.240%
Blended rate7.260%7.480%
1st payment$1,205.06$1,288.03
2nd payment$0.00$0.00
Taxes / mo$54.33$54.33
Insurance / mo$150.00$150.00
MI / mo$85.51$37.80
HOA / mo$0.00$0.00
Total monthly$1,494.89$1,530.16
Cash to close$30,475$21,000